Author: Arabian Media staff

Let’s play a word-association game. Champions (Liverpool). Cyclists (smug). IT project (failure). Ask people what they know about tech projects, and they will probably say that they take longer than expected, cost more than budgeted and deliver less than they are meant to. Is that perception accurate? And if so, what can be done about it? A forthcoming paper, by Bent Flyvbjerg of Oxford University and his co-authors, sheds light on these questions. Source link

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This projected rise in pricing is expected to be driven by a combination of limited housing supply, strategic infrastructure developments, and a growing influx of both local and international investors. Analysis by real estate brokerage Oia Properties highlights the UAE real estate market’s stability amid ongoing global economic turbulence. Abu Dhabi real estate hotspots Innovations in digital banking, increasing investor confidence, and incentives such as the Golden Visa are contributing to unprecedented levels of foreign investment. Currently, the market is seeing a wave of high-profile branded partnerships, including Elie Saab on Reem Island, ORA at Ghantoot, and Brabus Island, the…

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An Uber Eats autonomous delivery vehicle driving around Santa Monica, the US. (Credit: Getty Images) The Transport General Authority (TGA) in Saudi Arabia and Uber Technologies have signed a strategic partnership agreement to launch autonomous vehicles in the country. According to the Saudi Press Agency (SPA), the agreement was signed under the patronage of Minister of Transport and Logistic Services and TGA Chairman Saleh Al Jasser. Read-WeRide, Uber to roll out autonomous vehicles in 15 more cities The initiative highlights ongoing efforts to adopt modern technologies and smart mobility innovations in alignment with the National Transport and Logistics Strategy and…

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If you’re a founder looking to grow your startup, chances are you’re wrestling with more than just product or capital. Talent, scale, and smart execution are the real battlegrounds. That’s exactly what TechCrunch All Stage 2025 is built to address on July 15 at Boston’s SoWa Power Station. See top startup leaders taking the stage to share honest insights, hands-on strategies, and lessons learned in the trenches. Early Bird pricing is still available for All Stage, with Founder passes discounted $210, Investor passes are available at a $200 discount, and students get a chance to attend for just $99.  Check…

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Longtime “Shark Tank” investor Barbara Corcoran, 76, announced last week that she was putting her beloved New York City penthouse on the market for $12 million — and the apartment almost immediately found a buyer.According to the latest Olshan Luxury Market Report, Corcoran’s duplex penthouse at 1158 Fifth had multiple bidders and sold for over the asking price within 24 hours of being listed. The final price paid for the unit and the identity of the new owner are still unknown, but will be disclosed as soon as the deal closes.The property was one of 36 contracts signed last week…

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Hyundai and PIF have broken ground on a 50,000 car-a-year manufacturing plant in Saudi Arabia. Hyundai Motor Manufacturing Middle East (HMMME), a joint venture between the Public Investment Fund (PIF) and Hyundai Motor Company, held its groundbreaking ceremony at the King Salman Automotive Cluster within King Abdullah Economic City (KAEC). The event marks a significant milestone in the development of Saudi Arabia’s automotive industry. Hyundai car plant in Saudi Arabia PIF holds a 70 per cent stake in HMMME, with Hyundai owning the remaining 30 per cent. The facility, Hyundai’s first manufacturing plant in the Middle East, is expected to…

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As part of a strategic expansion, Majid Al Futtaim is set to open 30 new stores across the GCC, encompassing both luxury and high street brands. The luxury additions include five standalone Eleventy boutiques, the regional debut of Corneliani, and Poltrona Frau’s first store outside the UAE, located in Saudi Arabia. Read-Majid Al Futtaim to launch over 30 new stores in GCC “These openings reflect our continued investment in building a strong, differentiated luxury fashion and home portfolio in high-performing destinations,” said Fahed Ghanim, CEO of Majid Al Futtaim Lifestyle. The new Eleventy stores include recent openings at Solitaire Mall…

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